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The latest update is out from Sino-Ocean Service Holding Ltd. ( (HK:6677) ).
Sino-Ocean Service Holding Limited reported a challenging first half of 2025, with a decrease in total contracted and managed GFA, and a decline in revenue and gross profit due to the sluggish macroeconomic environment and real estate market downturn in China. The company faced a significant loss attributable to owners, driven by increased provisions for impairment losses. Despite these challenges, the company is focusing on high-quality, sustainable operations, optimizing service quality, and enhancing operational efficiency to navigate the competitive property management industry. The industry is undergoing transformation with policy support and evolving market demands, presenting both challenges and opportunities for growth.
The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.
More about Sino-Ocean Service Holding Ltd.
Sino-Ocean Service Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in property management services. The company focuses on managing residential and commercial properties, with a strategic emphasis on enhancing service quality and operational efficiency in the property management sector.
Average Trading Volume: 599,137
Technical Sentiment Signal: Sell
Current Market Cap: HK$651.2M
See more insights into 6677 stock on TipRanks’ Stock Analysis page.